GameStop Corp shares plunged 26% on Tuesday after the video games retailer halted its quarterly dividend and reported a 13.3% fall in first-quarter revenue that missed analysts’ estimates on the back of slowing sales of video games and consoles at its stores.
The Trump administration has denied a General Motors Co request for an exemption to a 25 percent U.S. tariff on its Chinese-made Buick Envision sport utility vehicle.
In Vietnam, one of the world’s largest and fastest-growing beer markets, new battle lines are being drawn as Heineken NV and local industry leader Sabeco hone their product offerings and build up marketing muscle.
A former engineering manager used Huawei Technologies Co Ltd trade secrets and lured away 24 of its employees to improperly build his startup company, a lawyer for the Chinese telecommunications firm told a Texas jury on Tuesday.
The Trump administration has denied a General Motors Co request for an exemption to a 25 percent U.S. tariff on its Chinese-made Buick Envision sport utility vehicle.
Foxconn has offshored more than 150 U.S. jobs to Mexico, according to the Labor Department, even as it struggles to meet job-creation targets promised as part of a massive new factory championed by President Donald Trump.
Salesforce.com Inc beat analysts’ estimates for quarterly revenue and profit on Tuesday and forecast full-year results above expectations, as customers looking to rein in costs boosted demand for its Sales Cloud product.
Donald Trump thinks that Meghan, wife of the British royal Harry, is “very nice” even if she has been “nasty” to him, the U.S. president said in pre-released extracts of a broadcast interview.
Defying increasing criticism from within his own party, U.S. President Donald Trump said on Tuesday he would likely go ahead with new tariffs on imports from Mexico to pressure it to clamp down on rising numbers of migrants entering the United States.
The San Francisco Public Utilities Commission said on Tuesday it has hired an adviser to explore the potential acquisition of PG&E Corp’s distribution assets, sending shares of the power company up 2.6% at $18.37.
U.S. President Donald Trump backtracked on comments that Britain’s public health service should be on the table in future post-Brexit trade talks between the two countries, after Prime Minister Theresa May said some areas might be off-limits.
U.S. President Donald Trump rowed back comments that Britain’s health service could be involved in any future trade deal on Tuesday, after his remark that everything was on the table in talks sparked controversy in Britain.
Former French Justice Minister Rachida Dati is being probed over consulting fees she has received from the Renault-Nissan strategic partnership, France’s financial prosecutor office said on Tuesday.
Global stock indexes rallied on Tuesday and U.S. stocks registered their biggest one-day gains in five months as Federal Reserve Chairman Jerome Powell seemed to open the door to the possibility of a rate cut, while yields on U.S. Treasuries rose.
IKEA has teamed up with U.S startup Ori for the development of a robotic piece of furniture aimed at helping people make more efficient use of tiny living spaces.
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